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  #1  
Old 05-12-2010, 11:44 PM
The_Banker The_Banker is offline
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Default Credit Union dividend: Whats Yours in 2010(?)

Due to the financial regulator insisting Credit Unions put more money aside for bad loads dividends for 2010 have been slashed across the sector.

I am interested to know what Credit Unions pay what dividend.

Therefore, if you know yours can you add it to this thread please....


CREDIT UNION DIVIDEND 2010
Ballyphehane, Cork 0.5%
Douglas, Cork 0%
Sandymount 1.25%
Newbridge 1.5%
Wexford 0%
Firhouse 0.67%
Sixmilebridge, Co Clare 0.5%
Cobh, Co Cork 1.25%
Enniscorthy 0.5%
Coill Dubh, Co Kildare 1%
Castlebar 1%
The Lough, Cork 0.5%
Midleton/Carrigtohill 0.5%
Ballinlough, Cork 0%
Stillorgan 0%
Fermoy Co Cork 0%
Balbriggan 0.25%
Bishopstown, Cork 0.4%
Gurranabraher, Cork 0.5%
Dunleer, Co Louth 1.25%
St. Jarlaths, Tuam 0.532%
St. Patricks (ESB) 2%
Baldoyle & Portmarnock 0%
Ballyjamesduff 0%
Civil Service 2%
Swords 0.5%
Rathfarnham 0.6%
ASTI 1%
DUBCO 1.5%
Irish Times 1.5%
Larkhill 1.75%
A.N.S.A.C 2%
Ind News & Media 1.5%
RTE 1.75%
An Post 2.5%
Black Raven 2.5%
Gorey 0.5%
Ballyfermot 1%
Tullow, Co Carlow 1%
Ashbourne 0.1%
Clonmel 1.5%
Clogherhead Co Louth 0%
B&S, Ballybofey 1%
Portarlington Co Laois 0%
Community (Dublin) 0.25%
Skerries, Co Dublin 0.1%
Charleville Co. Cork 0%
Blanchardstown 1%
Trinity, Dublin 13 1%
Castleblaney, Co Monaghan 1%
Dundrum 0%
New Ross 0.5%
Clondalkin 0.5%
Claremorris 1.5%
Mulcair, Co Tipperary 1%
Tralee 1%
Ardee, Co Louth 1.5%
Walkinstown 0.75%
Drumcondra 0%
Phibsboro 1%
St. Michaels, Blackrock Cork 0%
Ennistymon, Co Clare 0.25%
Bagnelstown, Carlow 0.25%
Blackrock, Co Dublin 0.5%
Kells, Co Meath 0.25%
Sundrive 1.75%
Tullamore 0.75%


Edit: I have added a table to the original post and as more people add to the thread I will continue to add to the table.

Last edited by The_Banker; 06-12-2010 at 10:04 PM. Reason: Added Table
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  #2  
Old 14-12-2010, 10:51 PM
kaplan kaplan is offline
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Default credit union dividend statistics 2010

@Banker

Good thread and should be linked to by posters if it is to be added to.

Here's how it's looking so far:

0%..............20%
<0.50%........... 47%
<1.00%........... 70%
<1.50%........... 84%
>1.50%........... 16%

Translating to the sector,
one in five will not pay a dividend = 82
47% will pay zero or below .50% = 193
70% will pay zero or below 1.0% = 287

One could imagine the slow run picking up pace in the new year as others declare their dividend rates or are directed to delay their AGM's by the central bank.
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  #3  
Old 13-01-2011, 08:15 PM
Towger Towger is offline
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Default

Milltown Clonskeagh Credit Union -12/01/2011

Where is annual report? In the post.
Where is dividend? - Hopefully, we will pay it in February, there is a delay, something to do with the Government.
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  #4  
Old 14-01-2011, 06:19 AM
dewdrop dewdrop is offline
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St Michaels Credit Union, Blackrock, Cork do not propose a dividend for year ended Sept 2010
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  #5  
Old 17-01-2011, 11:37 PM
kaplan kaplan is offline
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Default credit union dividend payouts worsen

Stats as of today:

Data Set
21% paying zero rate
44.4% paying less than .50%
72.6% paying less than 1.0%
88.7% paying less than 1.50%
7% paying more than 1.50%

Extrapolation to 410 credit unions (allow for rounding)
86 paying zero rate
182 paying less than .50%
298 paying less than 1.0%
364 paying less than 1.50%
46 paying more than 1.50%
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  #6  
Old 28-01-2011, 12:14 PM
Protocol Protocol is offline
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Kells, Co. Meath

Dividend = 0.25%

Deposit interest = 0% (this applies to normal deposits, not term deposits)
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  #7  
Old 28-01-2011, 02:14 PM
Mrs. Doyle Mrs. Doyle is offline
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Sundrive Credit Union


Dividend = 1.75%
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  #8  
Old 31-01-2011, 08:02 PM
kaplan kaplan is offline
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Tullamore 0.75%
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  #9  
Old 10-02-2011, 04:21 PM
cavanMan cavanMan is offline
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hey does anyone know whats the story with main street cavan Credit Union....??? they doin't seem to know when the interest is going to be paid!!

any help would be great.
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  #10  
Old 12-05-2011, 06:08 PM
moonman moonman is offline
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does anybody know if milltown/clonskeagh paid a dividend for 2010,and do the still have a death benefit insurance , as dundrum had zero dividend and stopped the the death benefit. thank you in anticipation.
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  #11  
Old 29-08-2011, 04:01 PM
STEINER STEINER is offline
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Edenderry 0.50% for the last 1 or 2 years I understand
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  #12  
Old 01-09-2011, 09:46 PM
kaplan kaplan is offline
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Default Credit Union Dividends and Central Bank at risk profile

The dividend payout rates and profile of 2010 dividends along with recent Central Bank figures on at risk credit unions are illustrated herehttp://www.irishcuvoice.com/p/dividends-2010.html

These are numbers for 2010. With this years annual accounting period drawing to a close at the end of Sept it's expected that the numbers of at risk credit unions will increase as the effects another year of substantial loan losses feed through. There is another problem with new loan demand and issues which have dramatically declined since 2009. Unless a cu makes new loans of one third of its loan book each year - its loan book shrinks. This means that core income earning assets (loans) are shrinking impacting interest income. Add to this loan modifications and the effect is to hollow out the loan book. The only way to reverse this effect is to make new loans and reduce operating costs - two issues that will challenge credit unions.
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  #13  
Old 17-01-2012, 11:57 AM
ajapale ajapale is offline
 
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some discussion type posts moved here: Askaboutmoney.com > General Financial Issues > Credit Union issues > Why are Credit Union Dividends are so low compared to bank interest rates?

Please keep this thread to discuss CU dividends 2010 and now 2011 as they arrive in.
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  #14  
Old 17-01-2012, 12:10 PM
STEINER STEINER is offline
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Edenderry y/e 30/09/2011 dividend of zero%
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  #15  
Old 17-01-2012, 08:53 PM
browtal browtal is offline
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Kilkenny Canices Credit Union Paid .25%

Last edited by ajapale; 24-01-2012 at 03:51 PM. Reason: OT material deleted
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  #16  
Old 22-01-2012, 06:26 PM
Promptly Promptly is offline
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Carrickmacross, Monaghan. Zero dividend.

Last edited by ajapale; 24-01-2012 at 03:51 PM. Reason: ot comment deleted
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  #17  
Old 23-01-2012, 07:28 PM
kerrymaid kerrymaid is offline
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Unhappy

Killarney Credit Union y/end 2011 - 0%
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  #18  
Old 24-01-2012, 03:49 PM
ajapale ajapale is offline
 
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OT posts deleted.

2011 dividend rates here only.
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  #19  
Old 04-12-2012, 08:57 AM
Brendan Burgess Brendan Burgess is offline
 
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We didn't seem to do this for 2011?
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